Navient Settlement 2024 Lexus . Navient, cfpb reach $120m settlement over landmark student loan servicing case the settlement also bans navient from servicing federal student. Navient, once one of the country’s largest student loan servicers, has reached a $120 million settlement with the consumer financial protection bureau (cfpb) — resulting in the company being permanently banned from servicing federal student loans.
Updated sept 12, 2024, 12:16 pm edt / original sept 12,. The settlement resolves a lawsuit filed by the consumer financial protection bureau in 2017, which claimed the company led borrowers astray.
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